Conchas Dam Real Estate News

Local Headlines

Allan Affeldt, known for restoring La Posada in Winslow, Arizona, is hoping for a summer 2019 reopening of his latest project, La Castaneda in Las Vegas, New Mexico. The Santa Fe New Mexican newspaper published a long article about the former Harvey House restaurant and hotel built in 1898.
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Regional Headlines

House sales in New Mexico soar House sales soar in New Mexico, posting 28 percent gain from May 2017 to May 2018 Check out this story on ruidosonews.com: Member groups reported 3,087 sales to the Realtors Association of New Mexico for May 2018. The Ruidoso/Lincoln County Association of Realtors is one of the reporting entities.
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Home sales in New Mexico continue to set records Housing sals continue to break records statewide Check out this story on ruidosonews.com: The March 2018 volume of $673,185,955, is over $250 million more than the March 2017 reported volume of $403,871,182. Housing market numbers reported to the REALTORS Association of New Mexico for March 2018 continue to set records compared to previous years.
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Preston Miller, left, and his friend Tim Burns, both of Santa Fe, start a bike ride last month from the Galisteo Basin Preserve to the Santa Fe Rail Trail. The area is popular with hikers and bikers on social media, where many have taken to air their concerns over a possible bank foreclosure on the preserve.
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Members of the Ruidoso Affordable Housing Advisory Board will use officials with the Eastern New Mexico Regional housing Authority as sounding board Affordable housing board will benefit from existing authority's experience Members of the Ruidoso Affordable Housing Advisory Board will use officials with the Eastern New Mexico Regional housing Authority as sounding board Check out this story on ruidosonews.com: Members of Ruidoso's Workforce Housing Advisory Board were scheduled to wade through a deep packet of information Thursday, including regulation review checklist and housing credit income limits and maximum rents for any developer interested in building a housing project financed by the New Mexico Finance Authority.
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Even with the uncertainty over the North American Free Trade Agreement between the United States, Mexico and Canada, the percentage of jobs in New Mexico supported by the export of goods is growing faster than other states. As of 2016, New Mexico had almost 15,000 jobs directly traced to exports, a 1.7 percent increase from the end of 2015, according to the U.S. Department of Commerce.
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National Headlines

The Royal Bank of Scotland will pay the largest fine arising out of the mortgage crisis to settle allegations it misled investors about risky home loans made during the housing bubble that ultimately led to the 2008 financial collapse. The $4.9 billion settlement was reached with the US Attorney's office in Boston and was the largest penalty on a single company that the US Department of Justice has imposed on banks and lenders for financial crisis-era misconduct.
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Royal Bank of Scotland will pay a 4.9 billion US dollar fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis. The US Justice Department said in a statement that the penalty is the largest it has imposed for financial crisis-era misconduct at a single company.
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The approximately 5,200-square-foot commercial condo unit, at 115 Spring Street between Greene and Mercer streets, is currently occupied by an Adidas store. The footwear company signed a lease for the space in 2015, opening an "Originals" store that covers two floors.
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Clockwise from top left: Sleek waterfront home in Southampton lists for $9.75, Sagaponack mansion's price chopped down to $21.5M, Developers and brokers cross fingers for more condo sales amid rocky market and East Hampton home of Hampton Beverage lists for $5.9M. 4.4-acre Sagaponack mansion's price chopped down to $21.5M The ask for a 13,000-square-foot home sitting on 4.4 acres was reduced by $2.45 million, its first cut since it was listed for $23.95 million in June.
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